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Posted on 1/23/25 at 8:54 pm to FizzyPop
Trump has more power to affect long term interest rates than Fed Chair Powell. If Trump were to make yuge cuts in federal spending then the bond market would respond with lower interest rates.
Posted on 1/23/25 at 9:00 pm to Bard
quote:
We can't grow our way out of debt as long as we keep outspending our growth.
The growth was on pace before Covid.
Posted on 1/23/25 at 9:12 pm to OU Guy
quote:
Low interest rates were just fine until Covid and then all our Reps sold us out and dumped trillions into economy. Those trillions are what fricked it up not the low interest rates. After the dumps it overheated economy and forced rates higher. It was all Fed induced. With Trump and DOGE, lots of fed costs will be cut via lots of feds unemployed. Trump is working on fixing the economy with private industry not fed induced money.
Pure retardation
Posted on 1/24/25 at 5:15 am to loogaroo
quote:
The growth was on pace before Covid.
And was being more than countered by faster-growing deficit spending.
2013 - -$679B
2014 - -$484B
2015 - -$442B
2016 - -$584B
2017 - -$665B
2018 - -$779B
2019 - -$983B
Posted on 1/24/25 at 6:19 am to FizzyPop
Is Powell left leaning? Likely. If Powell cuts interest rates artificially will inflation increase? Yes.
Posted on 1/24/25 at 6:39 am to RogerTheShrubber
quote:
Unemployment and interest rates are low and we dont need a stimulus.
And we are sending labor back to Mexico. Cutting interest sounds like an unwise proposition right now.
Posted on 1/24/25 at 6:51 am to AUCom96
quote:
The difference is, he doesn't need what that town's selling.
Trump’s lust for power is extreme, and power is what THAT town sells more than any other.
The reason Trump made so many bad appointments is because he didn’t know what he was doing, and the team he allied himself with, that did know, was not aligned with Trump. Trump’s inexperience, though harmful, was a requisite for the task of cleaning out the swamp. Anyone who had the experience was part of the problem.
Posted on 1/24/25 at 7:02 am to Penrod
quote:
And we are sending labor back to Mexico. Cutting interest sounds like an unwise proposition right now.
Yessir.
You cant do both, export cheap labor and try to bring back mfg.
Posted on 1/24/25 at 7:05 am to FizzyPop
If Powell really leaned left, he would lower rates to try to help poor people get money
Posted on 1/24/25 at 7:13 am to SlidellCajun
Rates are lowered to stimulate growth. We already have massive service gaps still lingering from 2020.
All I see coming up is more inflation.
All I see coming up is more inflation.
Posted on 1/24/25 at 7:24 am to RogerTheShrubber
quote:
You cant do both, export cheap labor and try to bring back mfg.
Well, you can do it, but the manufactured goods are going to be expensive.
Really, that is the whole idea of it. The gap between the rich and poor has become very large. Trump intends to close that gap by raising the salaries of the poor, rather than the Democrats long-time playbook of keeping the poor at a floor, through entitlement spending, and lowering the rich through taxation.
This post was edited on 1/24/25 at 7:33 am
Posted on 1/24/25 at 7:29 am to Penrod
Labor is cheaper here in the midwest rust belt. Put the plants here.
Keep the shop union free.
Keep the shop union free.
Posted on 1/24/25 at 7:36 am to FizzyPop
Trump and the Congress need to do their part and cut the spending. No more CR's, cut the spending and rates will go lower. Print money and spend like we have done, rates will have to go up.
Posted on 1/24/25 at 7:36 am to FizzyPop
Who's the globalist here when Trump is suggesting annexing several sovereign countries?
Posted on 1/24/25 at 7:43 am to Diseasefreeforall
quote:
The last thing we now is to cut rates arbitrarily just to see inflation go back up.
THIS in spades! Want to fuel some big flips in Congress in 2 yrs, FK this up. People, more now than ever, vote with their wallets & personal financial situations. Shape the economy to drive rate drops.
Posted on 1/24/25 at 8:06 am to ScottFowler
quote:
Keep the shop union free.
Nah fuk that part.
Posted on 1/24/25 at 8:06 am to RogerTheShrubber
quote:
All I see coming up is more inflation.
Yet all the reports show theres not
And now that you have said this we know inflation is coming down even more
Posted on 1/24/25 at 9:07 am to SDVTiger
quote:
Yet all the reports show theres not
Why does trump want rate cuts?
What will that do to demand?
Thanks.
Posted on 1/24/25 at 9:18 am to RogerTheShrubber
quote:
Why does trump want rate cuts?
Rate cuts were happen Trump or not
I understand you one of the dummies who thinks another 1% cut means we are not restrictive
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